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Employee EB, EC and one month of ED should work for you. You are still under transitional arrangements but this will meet the requirements either way assuming EC and ED are doing the same job.Banglore wrote:Hi All,
I need your advice as I'll be applying for my T1 Extension (50,000 route) very soon. Applied 2012 but got refused, appeal witdrawn by HO in the court at date of hearing in 2014 and finally approved mid 2014.
I have 4 employees.
Employee A (EA) :-- Part time since Jan 2015 till date
Employee B (EB) :-- Full time since July 2016 till date
Employee C (EC) :-- Full time since Jan 2016 till Nov 2016
Employee D (ED) :- Full time since Jan 2017 till date
My question are:-
1.)- What is my best combination to show for 2 full time employments created as per employees stated avove (All have necessary documentation required) ?
If your investment was already done and approved, then you don't need to provide any bank statements.Banglore wrote:2.) Do I have to attach business bank statement to show bank activities ? (I do not mean bank statement to show transfer of £50,000 - HO had requested prove of transfer £50,000 during my initial application, which I provided to them ).
Yes, definitely it will cause problems. If you need the points for employees until July 2017, then you need the Payslips and FPS until July 2017.Banglore wrote:Hi All,
I need your advice as per FPS please..
My accountants has provided me FPS reports for financial years 2014/2015, 2015/2016 and 2016/2017 but unable to provide me FPS reports for April 2017 till July 2017 because "he said FPS report cannot be generated for the current financial year". He has instead generated an "FPS History" of 2 pages for this financial year (i.e. 2017/2018 which is just the history of what has been submitted so far for this year).
The FPS reports generated for 2014/2015, 2015/2016 and 2016/2017 contains the start / leaving dates of my employees but as as need to claim points for employees up till July 2017, would thiamine pose an issue (if I don't submit FPS report up till July 2017) ?
So you are under transitional arrangement.Banglore wrote:For some reason (unknown to me), he said the system will not allow him generate the reports but just the history for this financial year.
My only option now is to combine jobs below.
Question 1:- Will my combinations below suffice ( I have payslips and FPS reports stating start dates / leave dates) ?
Job 1 :- EA (Jan 2015 - Dec 2016) + EB (July 2016 - March 2017) ?
Job 2 :- EC (Jan 2016 - Nov 2016) + ED (Jan 2017 - March 2017) ?
Employee A (EA) :-- Part time since Jan 2015 till date
Employee B (EB) :-- Full time since July 2016 till date
Employee C (EC) :-- Full time since Jan 2016 till Nov 2016
Employee D (ED) :- Full time since Jan 2017 till date
Question 2:- Do I need to show Business a bank statement? The bank has already provided me a letter stating that Biz Account for company XyZ is active since xxxxx and the only signatory is myself .....should I just use the letter or business bank statement or both ?
Thanks
Either one will satisfy the requirementBanglore wrote:Hi MacNarth, Do I need to attached the Business bank statement ? The bank has already provided me a letter stating that "Biz Account for company XYZ is active since xxxxx and the only signatory is myself " .....should I just use the letter or business bank statement or both ?
There is no requirement to sign payslips/FPS - no harm doing so either.Banglore wrote:Hi MarcNath, do we (i.e. applicant or director of a company) need to sign and date
A. Copies of employee payslips ?
B. FPS reports ?
During my initial application which the HO withdrew appeal. HO requested I transfer £50k into my business account (which I did) and they also requested proof I could spend the money which was residing in the business account (which I also did / provided proof). During the initial application, I never provided (and they never asked for ) for Director's Loan Agreement.
So, do I need to provide a Directors Loan Agreement during extension even though I had provided proof funds transfer during my initial application ?
Great. Congratulations mate